Jeremy Bulow

Research Statement

Jeremy Bulow’s research spans economics and finance and includes topics such as industrial organization, international debt, pension funds, auctions, and tobacco. Bulow has taught microeconomics as well as courses on economic aspects of contracts, competition, and markets, and environmental management and policy analysis.

Bio

Jeremy Bulow is the Richard A. Stepp Professor of Economics at Stanford Business School. He served as the Director of the Bureau of Economics of the Federal Trade Commission from 1998-2001. Bulow was co-editor of the American Economic Review from 2005-2008. His research has covered a variety of topics including pension funds, sovereign debt, auctions, and tobacco. He has served as a consultant to government agencies including the Pension Benefit Guaranty Corporation, the World Bank, the British Radiocommunications Authority, and the Federal Reserve. In the private sector, he has consulted to companies in oil, telecoms, credit cards, software, and internet search. Bulow is a fellow of the Econometric Society and of the American Academy of Arts and Sciences.

Academic Degrees

• PhD, Massachusetts Institute of Technology, 1979
• MA, Yale University, 1975
• BA, Yale University, 1975

Academic Appointments

• Professor of Economics, Graduate School of Business, Stanford University, 1979-present
• Visiting Professor, Yale School of Management and Economics Department, 1997 - 1998
• Visiting Research Fellow, World Bank, 1991
• Research Fellow, Center for the Study of the Economy and the State, University of Chicago, 1985
• Alfred P. Sloan Research Fellow, 1984-1986
• National Fellow, Hoover Institution, 1982-1983
• Research Associate, National Bureau of Economic Research, 1979-Present
• National Science Foundation Fellow, 1975-1978

Awards and Honors

• GSB Trust Faculty Fellow, 2017-2018

Teaching

Degree Courses

2017-18

MGTECON 203: Managerial Economics - Accelerated

MGTECON 203 uses the same math as 200 (derivatives and algebra, and not much more) but uses it more often. Previous economics is not necessary, but it does help to be comfortable with simple mathematical models. The business world has become more...

MGTECON 343: The Evolution of Finance

This course provides a framework to understand how uncertainty and technology affect the evolution of finance (and businesses generally), and its illustration with heavy emphasis on recent developments and future trends. In recent years Myron...

2016-17

MGTECON 203: Managerial Economics - Accelerated

MGTECON 203 uses the same math as 200 (derivatives and algebra, and not much more) but uses it more often. Previous economics is not necessary, but it does help to be comfortable with simple mathematical models. The business world has become more...

MGTECON 343: The Evolution of Finance

This course was originally designed to provide an overview of the crisis in financial markets that began in 2007, and of the various policies that were devised in response to the crisis'' both short-term stabilization efforts and longer-term...

In the Media

Don’t Blame Germany for Greece’s Profligacy

Wall Street Journal , April 16, 2015

Time for banking’s petulant toddlers to grow up

Financial Times, August 29, 2013

The Herd Instinct: The Recent Collapse in the Stock Market Has a Perfectly Rational Explanation

The Undercover Economist, Financial Times Weekend Magazine, July 3, 2006

A Simple Way to Value Stock Options

Financial Times, May 2, 2004

Bidding Adieu?

The Economist, July 27, 2002

Survey-Mastering Strategy 7: Strategic Complements and Substitutes

Financial Times, December 8, 1999

Real Campaign Finance Reform

New York Times, September 15, 1999

Insights by Stanford Business

writtenJeremy Bulow: A Better Approach to Bank “Bail-Ins”

May 22, 2014

A Stanford economist and his colleague at Oxford propose a new strategy to reduce the risk of taxpayer-funded bailouts.

writtenFiscal Failings of the Government's Tobacco Settlement

January 1, 2007

An economist examines what went wrong in the landmark 1998 tobacco settlement.

writtenJeremy Bulow: A Market-Based Approach to Expensing Options

July 1, 2004

A scholar parses recent proposals for financial reporting of stock option expenses, and offers a solution that reflects economic realities.

writtenJeremy Bulow: What Causes Gasoline Price Spikes?

August 1, 2002

Production factors and local regulations — not political conspiracies — cause price fluctuations at the pump.

writtenGame Theory: A New Tool for Economists

November 1, 2000

In the last 25 years, many if not most significant innovations in economics have been driven by this methodological innovation.